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Logistics Company

Challenge

  • An Illinois based logistics company that specializes in refrigerated and frozen food distribution. This company found itself in a precarious situation, after their previous credit line was cancelled with little notice

Solution

  • Franklin Capital stepped in to help save this logistics company, by extending an  Accounts Receivable working capital accommodation in excess of $500,000
“Now that times are rough, we don’t have to worry about cash flow which gives us a lot of security.”

President, North Carolina Pool Table Manufacturer